Los Angeles, CA 90062,5217 Denker Ave
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Los Angeles, CA 90062,5217 Denker Ave
Los Angeles, CA 90062,5217 Denker Ave
Los Angeles, CA 90062,5217 Denker Ave
Los Angeles, CA 90062,5217 Denker Ave
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$ 1,300,000
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5217 Denker Ave Los Angeles, CA 90062

6 Beds

6 Baths

3,090 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,090 sqft

Price per Sqft $420

MLS Listing ID 25583323

Bedrooms 6

Year Built 1923

Lot Size 6,205 Sqft

Acres 0.1424

Property Sub-Type Multi-Family

Property Description

We are pleased to present a six (6) unit apartment building located at 5217 Denker Avenue in Los Angeles, California. The subject property is located in a solid South Los Angeles location, west of Normandie Avenue and north of Slauson Avenue. This fully turn-key multifamily asset is located in a solid South Los Angeles neighborhood. Offering a strong initial cash flow with an impressive 8.34% cap rate, the property features a streamlined unit mix of all one-bedroom units, each of which has been fully renovated. Significant capital improvements include brand new copper piping, new sewer and gas lines, updated electrical subpanels and wiring, and new wood framing with modern drywall. The gated and secure property also provides four on-site garages, presenting an excellent opportunity for ADU conversion under SB1211. With dominant access to major commercial corridors such as Normandie Ave, Slauson Ave, and Western Ave, as well as proximity to the 110 Freeway and Harvard Park, this asset benefits from strong connectivity and livability. This rare combination of a strong 8.34% cap rate and extensive recent capital improvements makes this a compelling investment opportunity with immediate cash flow and long-term value appreciation.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Garage Is Detached

Building

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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